Which of the following is not the function of audit committee? a)To make recommendations about auditor's fee b)To advice the removal of the external auditors c)To look after the internal control in company   d)All of above

Q: 1. What makes POS system different from revenue cycles of manufacturing firms? 2. Does a POS system…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: 1: What problems do you see when an auditor relies extensively on management’s representations on…

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Q: Describe a situation that would require an auditor to give an unmodified opinion without a standard…

A: Introduction: Unmodified opinion generally gives when the financial statements showing as fairly. It…

Q: Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an…

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A: Step 1: Definition of Accounting SystemAn accounting system refers to the practices and procedures…

Q: How can internal auditors best detect fraud in their orgar your answer.

A: Internal auditor refers to the professionally trained and skilled individual whose main form of work…

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Q: Which one of the following is not an objective of a system of internal controls? Select one: 1.…

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Q: 1. Would an auditing-standard convergence prevent fraud at the top-executive level?  If No, how to…

A: (1)Convergence the auditing standards can prevent the frauds at the top executive level but it…